BEL is poised for an upward momentum upto 15%
BEL has seen a good breakout of 52 week high on daily TF after almost a consolidation of 30 days weeks with good volume on daily TF.
The company has increased institutional investing, govt interest and a healthy QoQ growth for the last 3 quarters to add to strength.
Good for swing traders to hold for 15 days.
Entry - INR 220 (Trade Initiated)
SL - (Day Low)
TSL - According to your risk profile.
Disclaimer: Please be advised that the information provided is not intended as financial advice. It is imperative to conduct thorough research before making any investment or trading decisions.
The company has increased institutional investing, govt interest and a healthy QoQ growth for the last 3 quarters to add to strength.
Good for swing traders to hold for 15 days.
Entry - INR 220 (Trade Initiated)
SL - (Day Low)
TSL - According to your risk profile.
Disclaimer: Please be advised that the information provided is not intended as financial advice. It is imperative to conduct thorough research before making any investment or trading decisions.
Trade chiuso: obiettivo raggiunto:
Price cross 10 day EMA. Trade closed.